Equinox Gold Corp (EQX) shares have recently exceeded the average analyst 12-month target price of $8.71, trading at $8.76 per share. Analysts are now faced with the decision to either downgrade their ratings or adjust their target prices, reflecting the recent increase in stock value.
There are 8 analysts contributing to the average target, with individual targets ranging from $6.21 to $10.86, and a standard deviation of $1.361. As of now, the ratings breakdown includes 4 strong buy ratings, 1 buy rating, and 4 hold ratings, with no sell or strong sell ratings reported.
